This is a curated list of fintech and banking platforms.

Disclosure — This list is work in progress. Rehive is a platform and toolkit for building fintech applications. We created this list to help our clients navigate their options for building fintech apps. The list predominantly covers companies that recently showcased at Money2020 and/or MoneyConf in 2018, who we met in person. Let us know if we’re missing an obvious provider. We’d be happy to add more platforms.

List

• SolarisBank — “Enabling your business to offer financial services.”
• Leveris — “The most technologically advanced core banking platform in the market.”
• Mbanq — “Powering the future of banking.”
• FIS — “Empowering the financial world.”
• Finastra — Core banking and fintech solutions.
• Fabrick — “The technological platform of banking and fintech services. Composable, robust and ready-to-use APIs to build your applications and services. We are working to open the fintech world.”
• Five degrees — “Fintech engineers.”
• TheGlue — “Enabling financial institutions to be open banking ready.”
• Mambu — “SaaS Banking Engine”
• Railsbank — “A rich set of banking capabilities to “bank enable” your app or business.”
• SDK.finance — “The Core Payment Platform For Banks & FinTech”
• Rehive — “Platform and toolkit for building fintech apps.”

Thoughts

It turns out there are not many “fintech platforms” in the market per sé, as providers are more commonly referred to as “banking platforms”.

Traditionally banks have either developed digital banking solutions in-house or turned to banking software vendors. Naturally the first wave of financial technology focused on directly digitizing traditional banking and financial services. As a result these solutions were not designed to be super flexible or open from the start, which seems to limit the ability for rapidly innovating on top of these systems today.

The next wave of fintech platforms are already differentiating themselves by being more open and flexible to cater for emerging fintech use cases. As a result of PSD2 there is the added pressure of allowing third party developers to access customer data via open APIs. We’re also expecting fintech platforms to differentiate themselves by integrating with blockchain technologies in creative ways.

Refer to one of our previous blog posts to see examples of next generation fintech ideas and products.